<html> <head> <title>Rule 67:10:04:11 Proceeds from sale of real property held in trust.</title> <META NAME="Keywords" Content="Administrative Rules 67:10:04:11"> <META NAME="Description" Content="Administrative Rules 67:10:04:11 Proceeds from sale of real property held in trust."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>67:10:04:11.&nbsp;&nbsp;Proceeds from sale of real property held in trust.</b> The department considers the proceeds received from the sale of real property held in trust to be a resource and subject to the maximum resource limit contained in §&nbsp;67:10:04:03 unless they were paid under Pub. L. No. 92-254 (March 22, 1974), Pub. L. No. 93-134 (October 19, 1973), Pub. L. No. 94-114 (October 17, 1975), or Pub. L. No. 94-540 (October 18, 1976).</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 24 SDR 24, effective August 31, 1997.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=28-7A-3">28-7A-3(1)(3)(12).</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=28-7A-3">28-7A-3(1)(3)(12).</A></p> </div> </body> </html>